After hearing that William Peace University might put a large chunk of its $35 million endowment into neighboring real estate, I decided to take a look at other university endowments to see how they compare.
A federal appeals court on Monday reinstated a federal False Claims Act lawsuit brought against ITT Educational Services, Inc. by a former enrollment official. A federal judge in Indiana dismissed the suit against the for-profit higher education provider last year, saying the court did not have jurisdiction because the plaintiffs in the case were not the original source of the allegations against the company, as is required under the false claims law. The court also slapped the plaintiffs with nearly $400,000 in fines for having brought, in the judge's words, a "frivolous" lawsuit.
The second try was the trick for Ashford University, which earned its regional accreditation from the Western Association of Schools and Colleges after being rejected one year ago.
Apollo Group (APOL), the for-profit education stock behind the University of Phoenix, made waves yesterday by announcing that Phoenix’s accreditation was reaffirmed through the 2022–23 academic year.
The owner of the US’ biggest for-profit university fears it could face reputational and financial damage from an accreditation dispute that is already being used by a British union to attack the UK’s leading for- profit college.
After the market closed Monday Apollo group released news that its University of Phoenix's accreditation had been "reaffirmed" for 10 years by the Higher Learning Commission, which grants accreditation to colleges.
The Thunderbird School of Global Management’s new joint venture with for-profit Laureate Education Inc. provides a $13 million cash investment to the Glendale business school and includes a $52 million sale-leaseback deal for its campus, according to the Wall Street Journal.
Chancellor University, a for-profit college based in Seven Hills, Ohio, that once faced extinction when it was known as the nonprofit Myers University, announced on Monday that it would close, according to The Plain Dealer of Cleveland.
If you want to be a White House intern, it helps to go to private school, preferably Ivy League, or have done something to help President Obama get re-elected.
Will any of the Capital Region's private institutions of higher learning get a share of 3 million square feet of tax-free space created by Gov. Andrew Cuomo's START-UP NY initiative?
Berea College was once again America's least expensive private college or university in the 2011-2012 academic year, according to U.S. Department of Education.
For many private colleges in the Northeast at least, changing demographics have compelled them to focus on new groups of potential students to starve off decline. First Generation Students (FGS) seem to many of these college's as magic bullets of sorts. If only they could attract FGS in enough numbers, keep them enrolled, maybe their financial woes would be solved. Now, many schools seek these students out for noble causes, for all the right reasons, and try to serve them well. But, still research shows that retaining these students is still a challenge.
A federal judge has granted class action status to a lawsuit charging that TIAA-CREF wrongfully retained investment income from the accounts of instructors at private colleges and universities around the country.
Felix Salmon, in his opinion piece, “Universities shouldn’t be tax exempt,” buries Cooper Union for the $18 million of “tax equivalency payments” it receives annually from a small square of land it owns underneath the iconic Chrysler Building in midtown Manhattan—money, Salmon says, that “would normally flow to New York City in the form of property taxes, but instead gets diverted to Cooper Union for its own uses.”
The University of Chicago’s Booth School of Business will move its Asia Executive M.B.A. program from Singapore to Hong Kong, making it the latest institution to move a program away from the city-state after setting down roots there. The Singapore campus, which opened in 2000, will stop accepting executive M.B.A. candidates, though the university said in its announcement that it was exploring space options for holding some activities in Singapore after the program moves.
Last week, Gov. Bill Haslam and Bob Mendenhall, president of Western Governors University, officially launched a new higher-education choice for Tennesseans: WGU Tennessee.
A joint degree run by New York University (NYU) and the National University of Singapore (NUS), awarding a master of laws degree from both universities, had benefited just nine Singaporeans since the one-year postgraduate degree was launched in 2007, Minister for Trade and Industry Lim Hng Kiang revealed last week.